Which type of company would be most likely use a process costing system?
A) Milk factory
B) Custom furniture maker
C) Accounting firm
D) Aircraft manufacturer

Question

Quizplus · Accepted Answer

A milk factory would use a process costing system because it produces a continuous flow of identical products, making it easier to allocate costs to each unit of output. Custom furniture makers, accounting firms, and aircraft manufacturers typically use job costing systems due to the unique, customized nature of their products or services.

Which Type of Company Would Be Most Likely Use a Process